Headlines
Diesel slips 6 cents to $6.292, with every region lowerPort of Los Angeles posts busiest month in its history as imports climbShippers paid 32.1% more to move freight in Q3 on just 0.5% more volume, U.S. Bank index showsVincent Thomas Bridge set to close for 16 months: What port truckers need to knowDry van spot rates climb to $2.23 a mile as load-to-truck ratio nears 11ISM: U.S. factory growth speeds up in October, with production at its fastest since 2021Section 232 on robotics and industrial machinery: talks first, no new tariffs yetCanadian freight rail prices up 14.1% from a year ago in October, intermodal up 18.5%BMO closes truck finance sale to Stonepeak; C$11 billion of loans move to new Longview Capital SolutionsNew proclamation drops 22 Canadian product lines from the 50% duty and adds 100 moreSchneider moves its main eastern intermodal business to Norfolk SouthernRXO pushes spot mix to 51% and posts its biggest jump in gross profit per load in four years
TransportNewsCA · US · MX corridorFreight markets and cross-border tradeWednesday, November 4, 2026

Economy

ISM: U.S. factory growth speeds up in October, with production at its fastest since 2021

The Manufacturing PMI rose to 55.5 from 54.5. Inventories went back to growing, supplier deliveries kept slowing and prices stayed high at 75.2.

U.S. economy grew at a 3.4% rate in Q3, led by inventories and equipment spending

The Commerce Department's first estimate shows a pickup from 2.2% in Q2. Exports fell, led by petroleum, while imports of capital goods rose.

Durable goods orders rise 1.8% in September as transportation equipment leads

New orders reached $345.4 billion, the Census Bureau said October 27. Shipments rose 0.9% and inventories climbed for a twelfth straight month.

Diesel benchmark rises 9.7 cents to $6.276, ending three-week slide

The EIA's national on-highway diesel average went up in the week of Oct. 19, with the biggest increases on the West Coast and in California.

Diesel benchmark posts record 96.2-cent weekly jump to $4.859 as Hormuz traffic collapses

The DOE/EIA retail diesel average published March 10, 2026, rose by the largest amount in the series' 32-year history.

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Diesel rises for fourth straight week to $3.868

The U.S. average on-highway diesel price climbed 24.9 cents over four weeks, the Energy Information Administration reported in November 2025.

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ATA: Truck tonnage slips 0.4% in June

The American Trucking Associations said on July 22, 2025, that for-hire truck tonnage fell in June for a second month, leaving the second quarter essentially flat.

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Diesel falls for 10th straight week to $3.526 a gallon

Federal data in September 2024 showed the national average diesel price had dropped nearly 34 cents since early July and stood more than $1 below a year earlier.

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ATA tonnage posts first annual gain in 15 months

American Trucking Associations said in June 2024 that its seasonally adjusted tonnage index rose 3.6% in May, though its economist said a recovery was not yet clear.

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US diesel climbs for ninth straight week to $4.633 a gallon

The national average diesel price rose 9.3 cents in mid-September 2023 and was up nearly 83 cents in nine weeks, federal data showed.

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Colorado refinery outage squeezes Rocky Mountain fuel supply

Suncor's Commerce City refinery, the only active one in Colorado, stayed shut into early 2023 as regional gasoline and diesel inventories ran low, the EIA said.

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US diesel supplies hit tightest level since 2008 heading into winter

EIA said in November 2022 that the U.S. had 25 days of distillate supply in October, the fewest since 2008, with the Northeast even tighter.

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US diesel hits record $5.25 a gallon after Russia invades Ukraine

The U.S. average diesel price jumped 40.1 cents in one week to a record in mid-March 2022, the fastest three-week climb in federal data.

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Diesel climbs to $3.671 a gallon, highest since 2014

EIA data showed the U.S. average diesel price rose 8.5 cents in the week to Oct. 18, 2021, up 26.5 cents in three weeks and $1.28 above a year earlier.

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Colonial Pipeline cyberattack shuts key fuel artery to East Coast

A cyberattack forced Colonial Pipeline to halt its Gulf Coast-to-New Jersey system in May 2021, prompting emergency hours-of-service waivers for fuel haulers across the Southeast and mid-Atlantic.

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